AirSculpt discloses $180K cash at SVB, 39% of $5M revolver held by SVB; says no operational impact

Airsculpt Technologies, Inc.

Holds $180,000 cash at SVB (approximately 2% of total cash balance), below FDIC insurance limit.
SVB holds approximately 39% of the Company's $5.0 million revolving line of credit.
Company does not anticipate drawing on the revolver; funding from cash flow from operations expected.
Company believes SVB receivership will not impact day-to-day operations.

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